US State Dept. has imposed sanctions on China’s Equipment Development Department and its director Li Shangfu
By: Deutsche Welle
(Deutsche Welle) — Chinese officials demanded on Friday that the United States cancel its economic sanctions against a Chinese military agency over a Russian weapons purchase.
Foreign Ministry spokesman Geng Shuang said that Beijing was “strongly outraged” over the decision and had logged several formal complaints.
“We strongly urge the US to immediately correct the mistakes and revoke the so-called sanctions; otherwise the US must bear the consequences,” he warned.
Russia also criticized the move, accusing Washington of attempting to suppress economic competition, particularly as Russia is the world’s second-largest weapons exporter behind the US.
The economic sanctions are “chiefly due to the fact that we produce large volumes of competitive products,” Russia’s trade minister, Denis Manturov, told reporters. [FULL STORY]